Estate Tax

What Did I Get for Christmas? More Taxes!

Gene Marks | Posted 02.26.2012

Gene Marks

Like the in-laws, taxes are returning. So now that the relatives have packed up and gone home, maybe it's time to spend a few hours with someone even more important to you and your family: your accountant.

Gaining Perspective on Social Security and Medicare

Dr. Caroline Cicero | Posted 09.13.2011

Dr. Caroline Cicero

Who is responsible for taking care of the aging, sick, and disabled Americans? If the government is not responsible, then who is?

The Rich Should Have Mass Protests, Too!

Dave Astor | Posted 05.25.2011

Dave Astor

The huge protests in places like Egypt and Wisconsin have been inspiring. Citizens thirsting for democracy, workers trying to protect their hard-earne...

Mr. President: Win One, But Not for the Gipper

Michael Sigman | Posted 05.25.2011

Michael Sigman

Obama seems to have overlooked Reagan's greatest gift and most effective tactic: the ability to declare that virtually any triumph that happened while he was president as his own.

Testimony on Sensible Tax Reform

James K. Galbraith | Posted 05.25.2011

James K. Galbraith

The realized budget deficit is an economic outcome, not a policy choice. So long as the economy faces high unemployment, there is no fiscal formula that can make it go away.

Obama-GOP Deal Exempts Over 40,000 Millionaires From Estate Tax

AP | STEPHEN OHLEMACHER | Posted 05.25.2011

WASHINGTON — More than 40,000 estates worth $1 million to $10 million would be expected to escape inheritance taxes next year under the deal str...

The G.O.P.'s Fiscally-Conservative Frauds

Susan J. Demas | Posted 05.25.2011

Susan J. Demas

Repealing the new national health care reform law will explode the national deficit by $230 billion by 2021. Tea Partiers must be pretty sore at these charlatans of fiscal conservatism.

The Truth About the "Death Tax"

Jim Worth | Posted 05.25.2011

Jim Worth

We can debate the merits of wealthy American's contributions to society. But the Republican win on the estate tax is a blow to the deficit -- and another nail in our economic coffin.

A New Year's Resolution for the Rich

Sam Harris | Posted 05.25.2011

Sam Harris

American opposition to the "redistribution of wealth" has achieved the luster of a religious creed. And, as with all religions, one finds the faithful witlessly espousing doctrines that harm almost everyone.

Wyoming Rep.: Estate Tax Rise Has Some Planning Death

AP | BEN NEARY | Posted 05.25.2011

CHEYENNE, Wyo. — U.S. Rep. Cynthia Lummis says some of her Wyoming constituents are so worried about the reinstatement of federal estate taxes that ...

Obama's Surprise Year End Gift to Wealthy Americans and Their Heirs

Robert Lenzner | Posted 05.25.2011

Robert Lenzner

Wealthy Americans who wish to create generation-skipping trusts for grandchildren have a unique opportunity which may never be available again, to make gifts in 2010 without incurring any generation skipping tax.

Resurrection

Ed Koch | Posted 05.25.2011

Ed Koch

President Obama, through luck, talent, and a Clintonian ability to adapt to new times, appears to have the proverbial nine lives of a cat.

Teddy Roosevelt: Estate Tax Champion, Republican Icon

Los Angeles Times | Tim Rutten | Posted 05.25.2011

Abolishing the estate tax has been a goal of some conservative Republicans since the 1940s, so it's easy to forget that its modern champion was a pres...

After Obama-GOP Tax Deal, AFL-CIO's Trumka Seeks to Rally Liberals to Save Medicare, Social Security

Art Levine | Posted 05.25.2011

Art Levine

Will labor and progressive groups have the financial and organizational power to fight an ascendant GOP and outside pro-business conservative groups?

Sam Stein

Barney Frank: Tax Deal Will Pass As Is Because 'Cutting Taxes Is Always Popular'

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

WASHINGTON -- House Democratic leaders and prominent party members have grown resigned to the fact that, despite their howls of discontent, the tax de...

It's Beginning to Look a Lot Like Oligarchy

Leo W. Gerard | Posted 05.25.2011

Leo W. Gerard

It's beginning to look a lot like Christmas Ev'rywhere you go; Take a look in Tiffany's store, glistening once again With Wall Street bonus trinkets a...

Republican Split Over Tax Deal Means Democratic Opportunity

The New York Times | SIMON JOHNSON | Posted 05.25.2011

On one hand, there are those like Newt Gingrich and Mike Huckabee, who are in favor of the tax deal currently on the table. This seems to be where mos...

What's the Estate Tax Supposed to Do, Anyway?

Joseph J. Thorndike | Posted 05.25.2011

Joseph J. Thorndike

The estate tax has a vital but prosaic role: it redistributes the tax burden. By focusing on the lucky souls at the top of the economic ladder, it makes the tax system fairer and more progressive -- a significant political achievement.

Walmart Marks Up Toy Prices for the Holiday Season

Paul Snyder | Posted 05.25.2011

Paul Snyder

Americans freshly reminded of the founding family's $86.8 billion fortune may see this more like a penalty for late shoppers.

Dems Struck Dumb (Or, "Messaging for Milquetoasts?")

Rick Horowitz | Posted 05.25.2011

Rick Horowitz

Plenty of liberals are plenty upset with President Obama for that tax-cut deal he made with the Republicans.

Sam Stein

David Axelrod: No 'Major Changes' To Tax Cut Deal

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

WASHINGTON -- The Obama administration on Sunday continued to hold firm on the idea that its framework for a deal on the expiring Bush tax cuts could ...

Dan Froomkin

Obama's Huge Would-Be Gift To The Scions Of The Super-Rich

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011

WASHINGTON -- Millionaires and billionaires would reap big rewards if President Obama's tax cut deal becomes law, but thanks to the agreement's estate...

Obama Tax Deal Will Further Concentrate Wealth and Power

Chuck Collins | Posted 05.25.2011

Chuck Collins

By extending the Bush tax cuts for the wealthy and instituting a significantly weakened estate tax, more wealth will flow into the hands of the richest one percent -- and within that to richest one-tenth of one percent.

Merry Xmas Paris Hilton... and Your Little Dog Too...

Karen Dolan | Posted 05.25.2011

Karen Dolan

We want you to be the President for the 98% of us who need you. That's what we want you to do. "Isn't it wonderful to be in a city of misplaced prior...

Obama Is Treating Friends Like Enemies and Enemies Like Friends

Michael Fauntroy | Posted 05.25.2011

Michael Fauntroy

Bush never treated his base as contemptuously as Obama deals with liberals. He responded to tax cut criticism by dismissing his critics as sanctimonious and fixated on purist policymaking. This unproductive response is part of a trend.